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Data last updated: Sep 28, 2026
Snapshot (as of Sep 28, 2026): Mueller Industries, Inc. (MLI) pays a $0.65 annual dividend ($0.17 quarterly), yielding 1.07% at $60.52/share. Next ex-dividend date 2026-09-04. 7 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.07%
Annual Dividend: $0.65 per share
Payout Ratio: 15.4%
Ex-Dividend Date: 2026-09-04
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 24
Mueller Industries, Inc. dividend reflects a business built on copper, brass, and aluminum manufacturing across piping systems, industrial metals, and climate controls. MLI currently yields 1.08%, paying $0.65 per share annually on a quarterly schedule. The last dividend of $0.175 per share carries an ex-dividend date of September 4, 2026. With a beta of 1.107 and seven consecutive years of dividend increases, this stock fits investors who prioritize dividend growth over immediate income.
Mueller Industries, Inc. pays out 15.4% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend, supported by demand across the piping, HVAC, and refrigeration markets the company serves. The primary risk to Mueller Industries, Inc. dividend safety is cyclical exposure: the company supplies OEMs and wholesalers in construction and industrial sectors, which are sensitive to economic slowdowns. A beta of 1.107 confirms MLI stock moves with, and slightly amplifies, broader market swings.
Mueller Industries, Inc. dividend history shows a CAGR of 14.5% per year from 2008 to 2025. Per-share payments grew from $0.05 to $0.50 over that period (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 807.2% in 2017, though the history also contains at least one year-over-year decline exceeding 5%, so the growth path has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +26.0% | $0.25 (2022) | $0.50 (2025) |
| 5-Year | +38.0% | $0.10 (2020) | $0.50 (2025) |
| 10-Year | +20.9% | $0.07 (2015) | $0.50 (2025) |
MLI stock fits growth-and-income investors who can accept a low current yield in exchange for fast dividend expansion. At 1.08%, the yield is classified as low (below 2%), and it sits well above the 5-year average yield of 0.53%, which reflects how much the per-share payment has grown in recent years. Seven consecutive years of increases and a 14.5% CAGR are the defining strengths here. The trade-off is straightforward: Mueller Industries, Inc. delivers dividend growth at a pace that outpaces most industrials, but the current income is modest for investors who need yield today.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-04 | $0.1750 |
| 2026-06-05 | $0.1750 |
| 2026-03-13 | $0.1750 |
| 2025-12-05 | $0.1250 |
| 2025-09-05 | $0.1250 |
| 2025-06-06 | $0.1250 |
| 2025-03-14 | $0.1250 |
| 2024-12-06 | $0.1000 |
| 2024-09-06 | $0.1000 |
| 2024-06-07 | $0.1000 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.5250 |
| 2025 | $0.5000 |
| 2024 | $0.4000 |
| 2023 | $0.3000 |
| 2022 | $0.2500 |
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